That probably would have cost half as much to build if you had combined it or staged it rather than boom/bust it out as they did.
If three sites were needed then building them one after the other would have been smart, you would have had experienced designers and site crews rather than paying consultants to learn on the job.
When GLNG and QCLNG were announced ORG could have cancelled APLNG, not joined the party and suffered the resulting hangover. Which includes the forced sale of lattice and resulting gas price hike, capital raisings at low prices, the reversion issue with lone star and large writedowns on lower oil price expectations.
https://www.copyright link/companies/infrastructure/santos-in-15b-damages-claim-against-fluor-corporation-over-glng-work-20170221-gui536
Easy to say with hindsight, at the time these decisions were made the consensus for oil prices was very rosy - just as the consensus for oil, electricity and ORG is very bleak today.
I don't get the big bucks like the muppets in charge of these companies but I do get to profit off their dumb-ass mistakes by investing counter-cyclically.
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